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Hess Rd & Parker Rd - Hess & Parker

38.2 Acres of Residential Land in Parker, CO 80134

Investment Highlights

  • Located in affluent Butterfield neighborhood
  • Great visibility from Hess Rd with over 15,000 vehicles per day
  • 20 minutes from Metro Denver’s largest employment hub (DTC/Denver South) with 250,000 workers
  • Less than three miles from Downtown Parker’s vibrant mix of 200 shops, businesses, and restaurants
  • Douglas County School District – #11 TestPrep’s Most Envied School District in America

Executive Summary

MMG is pleased to present this exceptional 38-acre residential land opportunity in Parker, Colorado, ideally situated for single-family home development. Located in one of Denver's most desirable submarkets, this parcel offers investors and developers a rare chance to capitalize on Parker's robust housing demand and strong demographic trends. The site benefits from its strategic location, offering future residents’ easy access to major employment centers, quality schools, and retail amenities. Parker's residential real estate market continues to outperform, characterized by low inventory, rapid absorption rates, and steady price appreciation. With a median household income significantly above the Denver metro average and consistent population growth, Parker attracts affluent families and professionals seeking high-quality suburban living. Given the scarcity of large, developable parcels in this infill location, this offering presents a compelling investment thesis with potential for attractive returns. This unique opportunity allows investors to meet the pressing demand for single-family homes in one of Colorado's most sought-after communities, positioning the development for both immediate success and long-term value appreciation.

Property Facts

Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 38.20 AC
Property Type Land
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 38.20 AC

1 Lot Available

Lot

Lot Size 38.20 AC
Lot Size 38.20 AC

This 38-acre parcel offers a rare opportunity to meet the pressing demand for single-family homes in one of Colorado's most desirable submarkets.

Description

This 38-acre parcel offers a rare opportunity to meet the pressing demand for single-family homes in one of Colorado's most desirable submarkets. With its prime location and Parker's robust housing market fundamentals, the site is well-positioned for successful development into a thriving single-family community. TARGET DEMOGRAPHIC » Median household income: $127k, 31% higher than the Denver metro average » Population growth: 7.2% from July 2020 -July 2023 » Education: 57.3% of residents hold a bachelor's degree or higher. SITE ADVANTAGES FOR SINGLE-FAMILY DEVELOPMENT » Location: Easy access to employment centers in the Denver Tech Center and downtown Denver » Schools: Proximity to highly rated Douglas County School District schools » Retail: Close to Parker's growing retail corridors, enhancing residential appeal » Zoning: Current PD allows a mixture of 63 medium and large residential lots with potential to upzone to additional density. » Utilities: All necessary infrastructure available for development is located in the street

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PROPERTY TAXES

Parcel Number 2233-352-07-002 Improvements Assessment £0
Land Assessment £5,011 Total Assessment £5,011

PROPERTY TAXES

Parcel Number
2233-352-07-002
Land Assessment
£5,011
Improvements Assessment
£0
Total Assessment
£5,011

zoning

Zoning Code Robinson Ranch PD (Robinson Ranch Planned Development)
Robinson Ranch PD (Robinson Ranch Planned Development)
(404) 259-8171

Contacts

  • Travis Hodge
    Travis Hodge
  • Adam Bellin
    Adam Bellin
  • Taylor Burns
    Taylor Burns

  • Listing ID: 33192739

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: Hess Rd & Parker Rd, Parker, CO 80134

The Land Property at Hess Rd & Parker Rd, Parker, CO 80134 is currently available for sale. Contact MMG for more information.

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© 2024 CoStar Group

Hess Rd & Parker Rd - Hess & Parker
(404) 259-8171 x

Hess Rd & Parker Rd - Hess & Parker

1/3

Travis Hodge

(404) 259-8171

(404) 259-8171

Adam Bellin

(301) 775-9015

(301) 775-9015

Taylor Burns

(303) 842-4278

(303) 842-4278

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